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Paradise Point, QLD 4216

Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics

Data updated

Tight Rental Market

Median House

$1,760,000

list-price estimate

Median Unit

$1,705,000

market range $1.1M-$1.8M

Gross Yield (houses)

3.5%

1yr Growth (houses)

-2.1%

market range -7.5% to +20.0%

Investment snapshot for Paradise Point

Paradise Point has enough public data for first-pass screening across yield, vacancy, price and supply signals.

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Paradise Point market and investor summary

In Paradise Point, QLD 4216, houses show a gross rental yield of 3.5%. House prices have moved -2.1% over the past year. At 1.7% vacancy, it is a tight rental market that favours landlords.

For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 3.5% will not cover holding costs in the early years, so the case leans on price appreciation. Rental demand looks steady, with vacancy at 1.7% and a resident base that is not shrinking.

Living in Paradise Point: people, income and schools

Paradise Point is home to around 7,062 people, and the area has been growing steadily, up about 6% over five years. At a median age of 53, it reads as an older, established demographic, and 72% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.

The typical household income runs to around $88,000 a year (about $1,690 a week). On socio-economic measures it ranks around the national middle on the ABS advantage index (6 out of 10). Locally, around 34% of household income goes to mortgage repayments, a level usually flagged as mortgage stress.

Families have 4 schools within roughly 5km to choose from, testing close to the national school average on ICSEA. Paradise Point sits about 59 km from the CBD. It is fairly car-dependent; the suburb scores 29 for walkability and 23 for transit out of 100. Fixed broadband is delivered over the NBN's Hybrid Fibre Coaxial (HFC).

Population
7,062
+6% over 5yr
Median age
53 years
Median household income
$88,000/yr
Households renting
26%
Family households
71%
Socio-economic rank
6/10
ABS advantage index
Schools within 5km
4
avg ICSEA 1013
Unemployment
3.5%
Distance to CBD
59 km
Walk score
29/100

Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.

Properties in Paradise Point

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Frequently asked questions about Paradise Point

What should I check before investing in Paradise Point?

Paradise Point has enough public data for first-pass screening across yield, vacancy, price and supply signals. Tight rental market (1.7% vacancy) gives landlords pricing power and low rental downtime. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.

What are typical property prices in Paradise Point?

The median property price in Paradise Point, QLD 4216 is $1.7M for units.

What rental yield does Paradise Point show?

The gross rental yield in Paradise Point is 3.5% for houses. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.

What does recent house price growth show for Paradise Point?

House prices in Paradise Point are down 2.1% over the past year. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.

How tight is the rental market in Paradise Point?

The current vacancy rate in Paradise Point is 1.7%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.

How many people live in Paradise Point?

Paradise Point has a population of approximately 7,062 residents, with a median age of 53.

What schools are near Paradise Point?

There are 4 schools within roughly 5km of Paradise Point. Their average ICSEA is close to the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.

Is Paradise Point's population growing?

The population of Paradise Point has grown about 6% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

How far is Paradise Point from the CBD?

Paradise Point is about 59 km from the CBD.

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